Press release
Electronic Security Market Emerging Trends & Global Industry Forecast to 2024 |Auto Clear LLC, G4S PLC, Lockheed Martin Corporation, FLIR Systems
The global electronic security market stands to leverage commendable benefits during 2017-2024 on the grounds of proliferation of smart technologies, robust adoption of biometrics, and home automation systems. Alongside, rapid technological upgradations, and stringent government interventions would accentuate the product consumption and spur industry growth over the forecast period.
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Speaking of the commercialization potential of electronic security market, the overall business space is claimed to record a valuation of USD 60 billion by 2024, as estimated by Global Market Insights, Inc. The proposed figure is reportedly more than double of the market valuation of 27 billion in 2016. Favorable governmental legislations across the globe is expected to gradually mandate deployment of safety and security solutions in majority of the sectors.
For instance, in Karnataka, one of the prominent states in India, it is now compulsory to install CCTV cameras surveillance systems in most of the commercial infrastructure premises such as ATMs, pubs, cyber cafes, restaurants, and banks. In addition, it has been also reported that the number of public places coming under the ambit of cameras are surging every month- an affirmation further depicting signs of penetration of electronic security industry in the region.
Top Key Players Are : Auto Clear LLC, G4S PLC, Lockheed Martin Corporation, FLIR Systems, Inc., Bosch Security Systems, Axis Communications, Hitachi Ltd, IBM Corporation, Siemens AG, Thales Group, and OSI Systems, Inc.
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Regionally, Asia Pacific observes a strong foothold in the global electronic security industry share. The primary reason behind APAC to become the hotspot for electronic security market investors is the real and perceived concerns regarding social unrest and economic growth across this belt. Uptick in industrialization, increasing disposable incomes of the middle-class population, tightened security procedures across airports and malls, and smart city phenomenon are some of the other driving factors, which are expected to result in market specific consumption and would impel APAC electronic security industry share. Another standout issue that has complemented electronic security market growth in APAC belt is the increasing prevalence of religious conflict especially in India, that has remarkably upscaled installation of advanced surveillance equipment in risk prone areas, such as airports.
Table Of Content:
Chapter 4. Electronic Security Market, By Product
4.1. Electronic security share by product, 2016 & 2024
4.2. Access and control system
4.2.1. Market estimates and forecasts, 2013 - 2024
4.3. Surveillance and alert system
4.3.1. Market estimates and forecasts, 2013 - 2024
4.4. Anti-theft system
4.4.1. Market estimates and forecasts, 2013 - 2024
4.5. Antiterrorist and inspection equipment
4.5.1. Market estimates and forecasts, 2013 - 2024
4.6. Others
4.6.1. Market estimates and forecasts, 2013 – 2024
Chapter 5. Electronic Security Market, By Application
5.1. Security system electronics market share, by product, 2016 & 2024
5.2. Environmental
5.2.1. Market estimates and forecasts, 2013 - 2024
5.3. Public sector
5.3.1. Market estimates and forecasts, 2013 - 2024
5.4. Custom service sector
5.4.1. Market estimates and forecasts, 2013 - 2024
5.5. Postal
5.5.1. Market estimates and forecasts, 2013 - 2024
5.6. Telecommunications
5.6.1. Market estimates and forecasts, 2013 - 2024
5.7. Residential
5.7.1. Market estimates and forecasts, 2013 - 2024
5.8. Others
5.8.1. Market estimates and forecasts, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/electronic-security-market
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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